Industrialisation key to spur African growth

While Africa is sitting on the cusp of increasing investment, the continent should transform the growth spurt into a more sustainable developmental path that is driven by industrialisation, while also attracting foreign direct investment, says Trade and Industry (dti) Minister Rob Davies. 27 Jul 2012 11:51

Volkswagen plant firing on all cylinders

[Henrie Geyser: motoring editor] Volkswagen South Africa's engine plant in Uitenhage is back up to speed thanks to an export order from China for more than 12 000 engines. 26 Jul 2012 12:02

Pakistani exports could pressure SA cement prices

Low quality cement products imported from Pakistan could make it difficult to price related products sold in SA‚ Thierry Legrand‚ the South African CEO of multinational cement and concrete manufacturer‚ Lafarge‚ said on Wednesday, 25 July 2012. 26 Jul 2012 11:05

Everything-must-go-in-Baisch-sale

A report in Eyewitness News says that the contents of one of Cape Town's last remaining knitwear factories has gone on auction - and the closure of the Maitland based Baisch Knitwear factory is evidence of the crisis facing the local Apparel Manufacturers industry, which is increasingly threatened by the growth in illegal Chinese imports. 25 Jul 2012 13:34

Ellies HEPS up 73.3% to 54.45c

Manufacturer‚ wholesaler‚ importer and distributor Ellies Holdings (ELI) has reported a strong set of results‚ with headline earnings per share up 73.3% to 54.45 cents for the year ended April 2012 from 31.42 cents a year ago. 24 Jul 2012 12:28

SA cements Brics with China in African venture

According to Sunday Independent, International Relations and Co-operation Minister Maite Nkoana-Mashabane has taken over from her Egyptian counterpart as co-chairperson of the Forum on China Africa Co-operation (Focac), the framework for the burgeoning relations between the continent and the booming Asian giant. 23 Jul 2012 14:41

Denel profit falls to R41m from R110m

[Hopewell Radebe] State-owned defence company Denel has posted a modest profit of R41m in the financial year ending March 2012‚ which was significantly lower than the R110m profit posted last year‚ group CEO Riaz Saloojee said on Thursday. 23 Jul 2012 12:11

Macroeconomic impediments crippling South African businesses

Quarterly research highlights real hindrances to business growth are poor government service delivery, political uncertainty and crime. 23 Jul 2012 09:12

Denel profit falls to R41m from R110m

State-owned defence company Denel has posted a modest profit of R41m in the financial year ending March 2012‚ which was significantly lower than the R110m profit posted last year‚ group CEO Riaz Saloojee said on Thursday. 20 Jul 2012 11:43

Hulamin earnings expected to be up to 24% lower

Aluminium product manufacturer Hulamin on Tuesday announced it was expecting its headline earnings for the six months ended June 2012 to be between R54m and R59m. 19 Jul 2012 11:15

Plastic bottle recycling generates 26‚000 jobs

Recycling PET‚ the plastic used to manufacture beverage bottles and food containers‚ has helped generate almost 26‚000 indirect jobs‚ and the plastics recycling industry can reduce poverty across SA and contribute to GDP growth‚ says PETCO CEO Cheri Scholtz. 18 Jul 2012 13:11

Watches and Competition Law

[Alexis Apostolidis] I am obsessed with watches - there I have said it! Aside from their aesthetic characteristics, the subject matter of many design registrations, and their mechanical complications, subject to patent registrations covering minute repeaters, mechanical alarms, tourbillions, hydraulically powered movements and the like I didn't think watches could grab my interest any more than they do. 18 Jul 2012 09:17

Eskom tariff hikes may hurt manufacturing, mining sectors

Analysts say Eskom's planned tariff increases, although lower than in the past few years, threaten to erode the competitiveness of the manufacturing and mining sectors, stunt job creation and add to inflationary pressures, iAfrica.com reports. 17 Jul 2012 11:57

Production side of economy improves in May

Manufacturing and mining production beat expectations and came in higher than forecast in May‚ with analysts warning however‚ that the improvement could be temporary. 16 Jul 2012 14:32